About Equinix (NASDAQ:EQIX)

Equinix, Inc. (Equinix) connects businesses with partners and customers worldwide through a global platform of data centers. The Company connects approximately 4000 customers, across the Americas, Europe, Middle East and Africa (EMEA) and Asia-Pacific. Platform Equinix combines international business exchange (IBX) data centers, a global footprint and ecosystems. The Company offers each customer a choice of business partners and solutions based on their colocation, interconnection and managed IT service needs. Equinix offers customers direct interconnection to an aggregation of bandwidth providers, including the Internet Service Providers (ISPs), broadband access networks (DSL/cable) and international carriers. Its customers include carriers and other bandwidth providers, cloud and information technology (IT) services providers, content providers, financial companies and global enterprises. In July 2014, it acquired ALOG Data Centers of Brazil S.A.

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Equinix (NASDAQ:EQIX) Frequently Asked Questions

What is Equinix's stock symbol?

Equinix trades on the NASDAQ under the ticker symbol "EQIX."

How often does Equinix pay dividends? What is the dividend yield for Equinix?

Equinix announced a quarterly dividend on Thursday, February 15th. Shareholders of record on Monday, February 26th will be given a dividend of $2.28 per share on Wednesday, March 21st. This represents a $9.12 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend is Friday, February 23rd. This is an increase from Equinix's previous quarterly dividend of $2.00. View Equinix's Dividend History.

How were Equinix's earnings last quarter?

Equinix, Inc. (NASDAQ:EQIX) announced its quarterly earnings results on Wednesday, February, 14th. The financial services provider reported $0.82 earnings per share for the quarter, missing analysts' consensus estimates of $3.87 by $3.05. The financial services provider earned $1.20 billion during the quarter, compared to analyst estimates of $1.19 billion. Equinix had a net margin of 5.33% and a return on equity of 6.54%. Equinix's revenue was up 27.3% on a year-over-year basis. During the same period last year, the company earned $4.08 earnings per share. View Equinix's Earnings History.

When will Equinix make its next earnings announcement?

Where is Equinix's stock going? Where will Equinix's stock price be in 2018?

21 equities research analysts have issued twelve-month target prices for Equinix's stock. Their forecasts range from $433.00 to $550.00. On average, they anticipate Equinix's stock price to reach $500.52 in the next twelve months. View Analyst Ratings for Equinix.

What are Wall Street analysts saying about Equinix stock?

Here are some recent quotes from research analysts about Equinix stock:

2. According to Zacks Investment Research, "Equinix recently reported better-than-expected Q4 results. Moreover, Equinix’s impressive guidance for Q1 and 2018 makes us optimistic about its future prospects. The company has been witnessing strong year-over-year revenue growth for the past several quarters, mainly driven by high demand for Equinix’s cloud services by corporations. Additionally, the company’s recurring revenue model and current expansion plans are encouraging. In April 2017, it announced a billion dollar aggressive expansion plan, which includes unveiling data centers, acquisitions and expansion of existing facilities as well. The company’s diligent IBX expansion strategy will likely fortify its global footprint in the data-center space and bring in additional revenues over the long run. Nonetheless, we are concerned about the company’s growing debt burden, which will adversely affect the operating results as interest expense would go up." (2/21/2018)

3. Barclays analysts commented, "The Beach Boys wished they all could be California girls," and we wish that all BDCs could report steady and strong results like Santa Monica-based TCPC. Second- quarter 2017 was another strong quarter, such that TCPC easily covered its $0.36 per share regular dividend—just like the 20 quarters that preceded it. The company reported core net investment income of $0.43 per share versus our $0.39 estimate. While the quarter benefited from unusually strong prepayment fees, there are some of these virtually every quarter. TCPC trades at a premium to other BDCs at 110% of NAV vs. the group average of 95%, and with an 8.7% yield vs. an average of 9.5%." (8/3/2017)

Has Equinix been receiving favorable news coverage?

News coverage about EQIX stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Equinix earned a daily sentiment score of 0.18 on Accern's scale. They also assigned media stories about the financial services provider an impact score of 46.09 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

How do I buy shares of Equinix?

Shares of EQIX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Equinix's stock price today?

One share of EQIX stock can currently be purchased for approximately $411.71.

How big of a company is Equinix?

Equinix has a market capitalization of $33.27 billion and generates $4.37 billion in revenue each year. The financial services provider earns $232.98 million in net income (profit) each year or $2.99 on an earnings per share basis. Equinix employs 7,273 workers across the globe.

How can I contact Equinix?

Equinix's mailing address is ONE LAGOON DRIVE, REDWOOD CITY CA, 94065. The financial services provider can be reached via phone at 650-598-6000 or via email at [email protected]

MarketBeat Community Rating for Equinix (EQIX)

MarketBeat's community ratings are surveys of what our community members think about Equinix and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Equinix (NASDAQ:EQIX) Analysts' Consensus Rating

MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.